GW Henssler & Associates Ltd. Sells 5,401 Shares of Agnico Eagle Mines Limited (NYSE:AEM)

GW Henssler & Associates Ltd. lessened its holdings in shares of Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) by 1.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 369,253 shares of the mining company’s stock after selling 5,401 shares during the period. Agnico Eagle Mines comprises approximately 1.8% of GW Henssler & Associates Ltd.’s investment portfolio, making the stock its 18th biggest position. GW Henssler & Associates Ltd. owned 0.07% of Agnico Eagle Mines worth $29,747,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Versant Capital Management Inc bought a new position in shares of Agnico Eagle Mines during the 4th quarter worth $26,000. Decker Retirement Planning Inc. purchased a new position in Agnico Eagle Mines during the 4th quarter worth $29,000. FSC Wealth Advisors LLC acquired a new position in shares of Agnico Eagle Mines during the third quarter valued at about $32,000. Fifth Third Bancorp lifted its stake in shares of Agnico Eagle Mines by 176.9% during the fourth quarter. Fifth Third Bancorp now owns 407 shares of the mining company’s stock worth $32,000 after buying an additional 260 shares during the period. Finally, McClarren Financial Advisors Inc. grew its stake in Agnico Eagle Mines by 684.6% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 510 shares of the mining company’s stock valued at $41,000 after purchasing an additional 445 shares during the last quarter. Hedge funds and other institutional investors own 68.34% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on AEM. Scotiabank increased their price objective on shares of Agnico Eagle Mines from $103.00 to $105.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, January 21st. Jefferies Financial Group increased their target price on Agnico Eagle Mines from $85.00 to $88.00 and gave the company a “hold” rating in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, Agnico Eagle Mines has a consensus rating of “Moderate Buy” and an average price target of $90.50.

Agnico Eagle Mines Price Performance

NYSE:AEM opened at $93.05 on Monday. Agnico Eagle Mines Limited has a one year low of $44.37 and a one year high of $95.38. The stock has a market cap of $46.73 billion, a PE ratio of 46.52, a P/E/G ratio of 0.60 and a beta of 1.08. The stock has a 50 day moving average price of $83.69 and a 200 day moving average price of $81.61. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.83 and a current ratio of 1.75.

About Agnico Eagle Mines

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.